Great morning to you!
Here is the
initial guidance from the CFPB (also known as the Bureau of Full Employment for
Attorneys and Consultants) on the new RESPA/TIL forms (formerly known as the
GFE and HUD-1) that will be required in 2015. Currently at +2,000 pages
of rules, guides, and interpretations, the process of information and
misinformation will continue to dribble out for the next year or so, but here
is our first glimpse of what the regulators are thinking (if you can call it
that).
The guidance
may be found here:
http://files.consumerfinance.gov/f/201403_cfpb_tila-respa-integrated-disclosure-rule_compliance-guide.pdf
Your partner
in the madness,
Mikel
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